Description
Job Description
We are seeking a seasoned finance professional to join our team as a Revenue Accounting Manager. As a key member of our finance organization, you will be responsible for leading and mentoring a team of revenue accountants, overseeing deliverables, reviews, and performance development.
Key Responsibilities
- Lead and mentor a team of revenue accountants, overseeing deliverables, reviews, and performance development.
- Review revenue transactions for acquired contracts, ensuring compliance with applicable US GAAP and Purchase Price Accounting (PPA).
- Apply knowledge of various software business models, including SaaS offerings, to revenue recognition processes.
- Interpret contractual language to advise on and apply proper accounting policies under ASC 606.
- Support monthly closing activities, including reviewing non-routine revenue transactions, preparing journal entries, reconciliations, and documentation.
- Perform monthly balance sheet account reconciliations for revenue accounts, ensuring accuracy and adherence to GAAP.
- Identify actionable insights and recommend improvements to accounting processes and efficiencies.
- Partner cross-functionally to implement best practices, automation, and continuous process improvements.
- Ensure compliance with internal control policies in a SOX environment.
Impact
- Drive accuracy and integrity in revenue recognition, supporting Synopsys' financial health and compliance.
- Mentor and develop a high-performing finance team, elevating team capabilities and effectiveness.
- Enhance process efficiencies through actionable insights and recommendations.
- Ensure adherence to accounting standards and regulatory requirements, safeguarding Synopsys from risk.
- Contribute to the successful adoption and application of ASC 606 and related standards.
- Partner across the organization to promote best practices and foster a culture of continuous improvement.
- Support strategic decision-making with clear, data-driven financial analysis.
Requirements
- CA qualification and bachelor's degree or higher in Accounting, Finance, or a related field.
- Minimum of 15 years in a corporate finance environment, with 10-12 years in revenue accounting for software/cloud-based offerings.
- Strong working knowledge of US GAAP, ASC 606, and Purchase Price Accounting.
- Experience in SAP/HANA 4 is a plus.
- Proven ability to lead teams, manage multiple priorities, and deliver high-quality work in fast-paced environments.
- Experience interpreting and applying contractual language in revenue recognition.
- Excellent verbal and written communication skills, with ability to explain complex scenarios to diverse audiences.
Who We Are Looking For
- Analytical thinker with strong problem-solving skills.
- Effective communicator and collaborator, able to work independently and as part of a team.
- Detail-oriented, with a commitment to accuracy and operational excellence.
- Proactive and adaptable, comfortable navigating ambiguity and change.
- Supportive leader, fostering growth and engagement among team members.
- Humble and dedicated, willing to take on any project to support teammates and improve the function.
The Team You'll Be A Part Of
You'll join our COE Finance Organization at Synopsys, a dynamic group of finance professionals dedicated to driving accuracy, compliance, and innovation in revenue accounting. The team collaborates closely across functions, leveraging diverse expertise to optimize processes, implement best practices, and support the company's strategic growth.
Rewards and Benefits
We offer a comprehensive range of health, wellness, and financial benefits to cater to your needs. Our total rewards include both monetary and non-monetary offerings. Your recruiter will provide more details about the salary range and benefits during the hiring process.